If you are looking to improve rote memorization of anything, Anki's program is a powerful tool.

Brief Description:
In the Anki program, a "deck" is a set of digital flashcards. For example, a question on one side (What is the capital of Malawi?), and an answer on the other (Lilongwe).

The best part of Anki is the alorithm that is used to review information. If you answer a card wrong, you can choose to review it sooner. If you are right, you choose later. The algorithm does the rest.

Learning Curve:
If someone is is using a prepared "shared deck" (downloaded from within the program) there is really no learning curve at all to using Anki.
Creating your own deck card by card is not too difficult.
But the documentation for importing lists of information to automatically create a deck, is a bit more difficult.

Resources:
It looks like there are thousands of prepared decks from many different disciplines. I've only really looked at the Greek resources.
There are several Greek vocabulary "decks" of flashcards to choose that someone has already set up. There are also a few inflection and declension decks. See below.
Vocabulary decks include some general lists and some keyed to Greek primers. A list of some of them are at the bottom of this message.

Possibilities:
An exciting capability in Anki is that you can easily add images and/or audio to a flashcard. This may open up the possibility of learning that is more than rote memorization. Imagine a deck of cards with an action image on one side. "Flip" the card and you hear and see the corresponding Greek. See my post at B-Greek "Board Index < Projects"

This file contains all of the lexemes in the Greek New Testament (UBS4), added by descending frequency. All translation glosses and frequencies are taken from BibleWorks 8. All entries are tagged by part of speech, and also frequency brackets (1-9, 10-19, 20-34, 35-49, 50+).

New Testament Greek vocabulary keyed to Bruce Metzger's "Lexical Aids for Students of New Testament Greek."

All lexical forms of NT vocabulary down to 10 uses. Not all the definitions are identical to the book—though I've modified a few to more closely reflect Metzger's English glosses. Unless your teacher is exceptionally rigid about definitions (of which most are nearly identical to Metzger's), this list should be adequate.

Vocabulary is tagged by "group" (frequency range in "Lexical Aids") and "week," following the syllabus of a recent course I took.

I plan to update the definitions when I have time (whenever that will be), but if anyone else decides to do so, please email me at jake.jack.jacob@gmail.com and I will happily update this entry, giving due credit, of course.

Apologies for resurrecting a thread now 5 years old, but I only just came across this programme (thanks to a handy post over at the B-Hebrew forum), and have been immensely impressed with it even just after a couple days of use.

Anyone got any thoughts on the "Living Koine" decks? Only started it today, and I found it pretty good, albeit a bit easy. Guessing it's more suited to beginners than intermediate+.

Since my last post (2012) I had been thinking that flashcards were largely useless and that all vocabulary should be learned in a reading context. I've changed my mind on that after some research into language acquisition. Rote learning of vocabulary can be a good supplement. My personal opinion is that it will be more valuable for learners getting the high frequency vocabulary down. I've been playing with a new deck to that end, found here.